Sylvester Stallone in his car in Beverly Hills, Los Angeles, California - 26.10.08

The tough guy trio will star in The Expendables, based on a script penned by Stallone, according to Daily Variety.

Stallone is also slated to direct the film, which follows mercenaries on a mission to overthrow a South American dictator, according to Variety. Shooting is set to begin in February (09) in both Louisiana and Costa Rica.

Source: WENN